the perfect bet taking the luck out of gambling

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The Perfect Bet

Author : Adam Kucharski
ISBN : 9780465098590
Genre : Mathematics
File Size : 21. 19 MB
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For the past 500 years, gamblers-led by mathematicians and scientists-have been trying to figure out how to pull the rug out from under Lady Luck. In The Perfect Bet, mathematician and award-winning writer Adam Kucharski tells the astonishing story of how the experts have succeeded, revolutionizing mathematics and science in the process. The house can seem unbeatable. Kucharski shows us just why it isn't. Even better, he demonstrates how the search for the perfect bet has been crucial for the scientific pursuit of a better world.

The Perfect Bet

Author : Adam Kucharski
ISBN : 9781782832058
Genre : Mathematics
File Size : 62. 44 MB
Format : PDF
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Gamblers have been trying to figure out how to game the system since our ancestors first made wagers over dice fashioned from knucklebones: in revolutionary Paris, the 'martingale' strategy was rumoured to lead to foolproof success at roulette ; today, professional gamblers are using cutting-edge techniques to tilt the odds in their favour. Science is giving us the competitive edge over opponents, casinos and bookmakers. But is there such a thing as a perfect bet? The Perfect Bet looks beyond probability and statistics to examine how wagers have inspired a plethora of new disciplines - spanning chaos theory, machine learning and game theory - which are not just revolutionising gambling, but changing our fundamental notions about chance, randomness and luck. Explaining why poker is gaming's last bastion of human superiority over AI, how methods originally developed for the US nuclear programme are helping pundits predict sports results and why a new breed of algorithms are losing banks millions, The Perfect Bet has the inside track on any wager you'd care to place.

Gambling Wizards

Author : Richard W. Munchkin
ISBN : 9780929712680
Genre : Games
File Size : 77. 44 MB
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Get into the minds of the greatest gamblers of all time. Read in-depth interviews with eight masters of the games. Learn how they think, how they play, and what made them successful. The interview subjects include: Billy Walters (sports betting), Chip Reese (poker), Doyle Brunson (poker), Mike Svobodny (backgammon), Stan Tomchin (backgammon and sports betting), Cathy Hulbert (blackjack and poker), Alan Woods (blackjack and horse racing), and Tommy Hyland (blackjack).

What S Luck Got To Do With It

Author : Joseph Mazur
ISBN : 1400834457
Genre : Mathematics
File Size : 67. 7 MB
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Why do so many gamblers risk it all when they know the odds of winning are against them? Why do they believe dice are "hot" in a winning streak? Why do we expect heads on a coin toss after several flips have turned up tails? What's Luck Got to Do with It? takes a lively and eye-opening look at the mathematics, history, and psychology of gambling to reveal the most widely held misconceptions about luck. It exposes the hazards of feeling lucky, and uses the mathematics of predictable outcomes to show when our chances of winning are actually good. Mathematician Joseph Mazur traces the history of gambling from the earliest known archaeological evidence of dice playing among Neolithic peoples to the first systematic mathematical studies of games of chance during the Renaissance, from government-administered lotteries to the glittering seductions of grand casinos, and on to the global economic crisis brought on by financiers' trillion-dollar bets. Using plenty of engaging anecdotes, Mazur explains the mathematics behind gambling--including the laws of probability, statistics, betting against expectations, and the law of large numbers--and describes the psychological and emotional factors that entice people to put their faith in winning that ever-elusive jackpot despite its mathematical improbability. As entertaining as it is informative, What's Luck Got to Do with It? demonstrates the pervasive nature of our belief in luck and the deceptive psychology of winning and losing. Some images inside the book are unavailable due to digital copyright restrictions.

Taking Chances

Author : John Haigh
ISBN : 9780198526636
Genre : Games
File Size : 29. 86 MB
Format : PDF
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"What are the odds against winning the Lotto, The Weakest Link, or Who Wants to be a Millionaire? The answer lies in the science of probability, yet many of us are unaware of how this science works. Every day, people make judgements on a wide variety of situations where chance plays a role, including buying insurance, betting on horse-racing, following medical advice - even carrying an umbrella. In Taking Chances, John Haigh guides the reader round common pitfalls, demonstrates how to make better-informed decisions, and shows where the odds can be unexpectedly in your favour. This new edition has been fully updated, and includes information on top television shows, plus a new chapter on Probability for Lawyers."--BOOK JACKET.

Chancing It

Author : Robert Matthews
ISBN : 9781510723818
Genre : Mathematics
File Size : 22. 57 MB
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Make your own luck by understanding probability Over the years, some very smart people have thought they understood the rules of chance?only to fail dismally. Whether you call it probability, risk, or uncertainty, the workings of chance often defy common sense. Fortunately, advances in math and science have revealed the laws of chance, and understanding those laws can help in your everyday life. In Chancing It, award-winning scientist and writer Robert Matthews shows how to understand the laws of probability and use them to your advantage. He gives you access to some of the most potent intellectual tools ever developed and explains how to use them to guide your judgments and decisions. By the end of the book, you will know: How to understand and even predict coincidences When an insurance policy is worth having Why “expert” predictions are often misleading How to tell when a scientific claim is a breakthrough or baloney When it makes sense to place a bet on anything from sports to stock markets A groundbreaking introduction to the power of probability, Chancing It will sharpen your decision-making and maximize your luck.

Trading Bases

Author : Joe Peta
ISBN : 9781101609651
Genre : Sports & Recreation
File Size : 89. 60 MB
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An ex–Wall Street trader improved on Moneyball’s famed sabermetrics and beat the Vegas odds with his own betting methods. Here is the story of how Joe Peta turned fantasy baseball into a dream come true. Joe Peta turned his back on his Wall Street trading career to pursue an ingenious—and incredibly risky—dream. He would apply his risk-analysis skills to Major League Baseball, and treat the sport like the S&P 500. In Trading Bases, Peta takes us on his journey from the ballpark in San Francisco to the trading floors and baseball bars of New York and the sportsbooks of Las Vegas, telling the story of how he created a baseball “hedge fund” with an astounding 41 percent return in his first year. And he explains the unique methods he developed. Along the way, Peta provides insight into the Wall Street crisis he managed to escape: the fragility of the midnineties investment model; the disgraced former CEO of Lehman Brothers, who recruited Peta; and the high-adrenaline atmosphere where million-dollar sports-betting pools were common.

The Mathematics Of Games And Gambling

Author : Edward W. Packel
ISBN : 088385628X
Genre : Game theory
File Size : 35. 77 MB
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This book shows you what determines the best bet in a game of chance or the optimal strategy in a strategic game.

Bet The House

Author : Richard Roeper
ISBN : 1569766118
Genre : Biography & Autobiography
File Size : 26. 23 MB
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During the course of 30 days in early 2009, Richard Roeper risked more than a quarter million dollars on practically every method of gambling in America. This title both celebrates and details the pitfalls and lures through Roeper's stories about his lifelong affair with gambling.

Understanding And Calculating The Odds

Author : Catalin Barboianu
ISBN : 9789738752016
Genre : Games
File Size : 63. 20 MB
Format : PDF, Kindle
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This book presents not only the mathematical concept of probability, but also its philosophical aspects, the relativity of probability and its applications and even the psychology of probability. All explanations are made in a comprehensible manner and are supported with suggestive examples from nature and daily life, and even with challenging math paradoxes. (Mathematics)

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